Nvidia, AMD's China AI chip sales deal with US 'an incremental positive,' says BofA

13 hours ago 1
Nvidia headquarters in Santa Clara, California, USA

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Analysts at BofA maintained their Buy ratings on Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) following a reported deal between the companies to give 15% of revenues from Chinese AI chips sales to the U.S. government in exchange for

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